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St. Mary's Foundation
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Established: 1978EIN: 421433381Primary Purpose: To provide financial support for the needs of Saint Mary’s Parish and Saint Mary’s Catholic School
Current Foundation Board Members:
Father Brent Lingle
Marilyn Nelsen John Murray Jane Kestel
Brad Strader Dale Feilmeier Jeff Foell
Leigh Laven Duane Miller Mike Brungardt
What is an Endowment Fund?
An endowment is a permanent fund created through the donations of one or more donors. The money is invested to provide future funding for a non-profit organization. The principal is never spent, but the investment income is available for special purposes, such as renovation projects, scholarships, or general operations.
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Recent Projects and Programs Supported by the Investment Income Generated Through the St. Mary’s Foundation Thanks to Past Donors:
- Various liturgical vessels used for Masses
- St. Michael Hymnals for the parish
- A new tractor for mowing and snow removal on church/school grounds
- New electronic door systems for the church and school
- Tuition Assistance Scholarships
- Teacher Endowment Fund
- A security camera system for inside and outside of the school grounds
- General operations of both the church and school
- Additional WiFi access points for the school
- Cell phone pouches for school students
- Purchase of Chromebooks for students in grades 3-12
- Contributed to the purchase of a new school bus
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Examples of Ways to Give:
- Direct Donations: Donate cash, stocks, bonds, or other assets.
- Retirement plan/Life insurance: Name St. Mary’s as a beneficiary of a 401K or life insurance policy.
- Real estate: Gift property such as a farmland or a vacation home
- Donate grain: Donate crops to save on taxes.
- IRA Rollovers: Use eligible charitable distributions from an IRA.
- Planned giving: Create a bequest in your will or a living trust, or establish a charitable gift annuity
The St. Mary’s Foundation of Storm Lake exists because of the incredible generosity of all who have made contributions since its inception in 1978. The legacy they left behind has had a lasting impact on both the school and parish, and for that, we wish to express heartfelt appreciation to all of them.
Become a Future Donor and Leave Your Legacy
If you would like to donate to the St. Mary’s Foundation of Storm Lake, contact
Ryan Berg – Director of Development and Alumni Outreach
Email: [email protected] Phone: 712-299-2602